Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Shenzhen Investment Holdings Bay Area Development Company ( (HK:0737) ) has provided an announcement.
In February 2025, Shenzhen Investment Holdings Bay Area Development Company Limited reported a significant year-on-year increase in toll revenues across its expressway projects. The GS Superhighway, GZ West Superhighway, and Coastal Expressway (Shenzhen Section) saw increases of 36%, 15%, and 60% respectively in monthly toll revenues. This growth was attributed to fewer toll-free days during the Chinese New Year holiday in 2025 compared to 2024, as well as the impact of 2024 being a leap year. These factors contributed to higher average daily toll revenues, indicating a positive impact on the company’s operational performance.
More about Shenzhen Investment Holdings Bay Area Development Company
Shenzhen Investment Holdings Bay Area Development Company Limited is a company incorporated in the Cayman Islands, primarily involved in the development and management of expressway projects. It operates major expressways including the GS Superhighway, GZ West Superhighway, and the Coastal Expressway (Shenzhen Section), focusing on toll revenue generation.
YTD Price Performance: 0.45%
Technical Sentiment Signal: Hold
Current Market Cap: $705.6M
For a thorough assessment of 0737 stock, go to TipRanks’ Stock Analysis page.